New Business Development Salaries in Maryland
How Much Does a New Business Development Make in Maryland?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of New Business Development in Maryland is $354,615.
While Salary.com is seeing that New Business Development salary in MD can go up to $476,102
or down to $238,823, but most earn between $294,005 and $418,206.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to New Business Development
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Similar Job Salaries to New Business Development by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Get Cleaner Water
New Business Development - Remote
|
$91,937/yr
|
RANGE: $82,773 - $101,102
|
|
InsideHigherEd
Director of New Business Development
|
$111,958/yr
|
RANGE: $100,128 - $123,787
|
|
Sysco
NEW BUSINESS DEVELOPER
|
$86,919/yr
|
RANGE: $77,970 - $95,868
|
|
US0010 Sysco Eastern Maryland, LLC
New Business Developer
|
$92,170/yr
|
RANGE: $81,764 - $102,577
|
|
DAI
Specialist, Business Development / Senior Specialist, Business Development
|
$146,781/yr
|
RANGE: $130,673 - $162,889
|
|
Zenon Aviation
Head of Business Development - Business Aviation
|
$161,393/yr
|
RANGE: $142,620 - $180,166
|
|
Mako Recruiting LLC
Engineering Manager, New Product Development
|
$132,271/yr
|
RANGE: $123,024 - $141,518
|
|
Allianz
New Business Broker Manager, Americas
|
$84,353/yr
|
RANGE: $76,536 - $92,169
|
Top 10 Highest Paying Cities For New Business Development Jobs in Maryland
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a New Business Development can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for New Business Development job salaries in Maryland.
Some cities can pay higher salaries for New Business Development jobs, which can indicate that there is a large demand for New Business Development positions in this city.
The following table shows top 10 cities where the New Business Development salary is higher than other cities in Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The New Business Development salary is $380,788 in Silver Spring,
which is higher than the national average. There are 15 cities' New Business Development salary higher than national average in Maryland.
The average salary for a New Business Development in Maryland is $354,615,
but we found that the city with the highest salary for New Business Development jobs is Silver Spring, MD, and it is higher than Bethesda.
New Business Development jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $380,788 | $31,732 | $7,323 | $183 |
| Bethesda | $380,788 | $31,732 | $7,323 | $183 |
| Potomac | $380,547 | $31,712 | $7,318 | $183 |
| Rockville | $380,341 | $31,695 | $7,314 | $183 |
| Bowie | $379,997 | $31,666 | $7,308 | $183 |
| Waldorf | $379,756 | $31,646 | $7,303 | $183 |
| Gaithersburg | $379,756 | $31,646 | $7,303 | $183 |
| Germantown | $370,573 | $30,881 | $7,126 | $178 |
| Frederick | $368,613 | $30,718 | $7,089 | $177 |
| Baltimore | $354,615 | $29,551 | $6,820 | $170 |
What Does a New Business Development Do?
An idea central to new business development is that different product-market- technology combinations can require different.
Updated November 23, 2021
When thinking about your business development strategy, you might want to consider using an online platform.
Updated December 20, 2021
By bringing all these elements together and communicating it within your team, you generate a business development strategy which is actionable and will encourage your employees, encouraging both growth and success for your business.
Updated December 15, 2021
One of the easiest ways to evaluate your progress is by looking at your sales pipeline and how it is influenced by the activities of the business development team.
Updated December 13, 2021
There are many ways to introduce new business models to new markets with new products and processes and thus generate new sales.
Updated December 13, 2021
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Explore JobArchitectFrequently Asked Questions About a New Business Development Salaries
What is the average of a New Business Development in Maryland?
The New Business Development salary range is from $294,005 to $418,206, and the average New Business Development salary is $354,615/year in Maryland.
The New Business Development's salary will change in different locations.
Which location pays the highest New Business Development salary in the United States?
The New Business Development salary in San Jose, CA is $433,786
which is the highest in the US.
What kinds of reasons will influence the New Business Development's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of New Business Development.
What is the growth rate of the New Business Development's salary?
If you are thinking of becoming a New Business Development or planning the next step in your career, find the detailed salary report of a New Business Development.
